If an Employer Fires an Employee for Fraud, What Might

question 19

Multiple Choice

If an employer fires an employee for fraud, what might that employee do?

• A) Continue their fraud from outside the company.
• B) Sue for wrongful termination of employment, defamation, or discrimination.
• C) Start a bad PR campaign in the news against the company.
• D) Be hired by a competitor.

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Definitions:

Undeposited Funds

An accounting term referring to payments received but not yet deposited in a bank account.

Accounts Receivable

Balances due to a company for goods or services delivered or used but not yet paid for by customers.

Customer Payments

Monies received from customers as payment for goods or services provided by a business.

Subchapter S Corporation

A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.